Nvidia (NASDAQ: NVDA)
Nvidia continues to churn out market-beating products, and CEO Jensen Huang unveiled the GPU leader’s latest innovation, the Blackwell Ultra AI chip, during the company’s annual GTC event held in San Jose California. The company also announced a GB300 superchip which combines two Blackwell Ultras with Nvidia’s Grace central processing unit. Blackwell Ultra can perform 1.5x better than the Blackwell chip and also represents a 50-time increase in data centre revenue opportunity, principally because of its improved AI capabilities. These chips are designed to power the AI requirements for hyperscale customers such as Amazon (NASDAQ: AMZN), Microsoft (NASDAQ: MSFT), and Meta Platforms (NASDAQ: META). According to Nvidia, Blackwell Ultra is designed for “AI reasoning”, a type of AI processing that mimics how humans think and reach conclusions. This new Blackwell chip will slot into Nvidia’s NVL72 server rack which combines 72 GB300 superchips,...Welcome to this week’s edition of top stock market highlights.
